£213,097
This estimated value is based upon the latest sale price for the house of £125,000 on 9 Nov 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £125,000 | 9 Nov 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 439 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in November 2012 the House Price Index for WEST MIDLANDS was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £125,000 results in an estimated price of approximately £213,097.
| 9 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £125,000 | £88,097 | £213,097 |
The Postcode Pricing Model uses changes in average sales price within the B5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 92.617 % | £115,771 | £240,771 |
| 3 Month Average | 24.620 % | £30,774 | £155,774 |
| 6 Month Average | 29.722 % | £37,152 | £162,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £156,819 | £152,000 | APARTMENT 112 7 MASSHOUSE PLAZA |
| 18 Dec 2020 | £217,367 | £188,000 | APARTMENT 712 7 MASSHOUSE PLAZA |
| 4 Jul 2019 | £242,288 | £195,000 | APARTMENT 1307 7 MASSHOUSE PLAZA |
| 28 Jun 2019 | £233,991 | £188,000 | APARTMENT 1302 7 MASSHOUSE PLAZA |
| 12 Jun 2019 | £205,364 | £165,000 | APARTMENT 1004 2 MASSHOUSE PLAZA |
This house has a floor area of 40 sq meters or 439 sq feet when measured on 12 Jan 2011. Using an estimated price of £213,098 means this house is valued at £5,222 per sq meter (£485 per sq foot).
The average size of a house on MASSHOUSE PLAZA is 52 sq meters (570 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Masshouse Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Masshouse Lane |
| Jul 2024 | Anti-social behaviour | On or near Masshouse Lane | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Masshouse Lane |
| Jul 2024 | Robbery | Under investigation | On or near Masshouse Lane |